Portugal Battery Storage Boom Lures Foreign Investment
Winners will secure a fixed annual payment in exchange for making their batteries available at four hours'' notice, though dispatch rights stay with the system operator. By bundling
On the standalone side, the Casal da Cortiça facility in Leiria, developed by Infraventus Energy Storage is Portugal's first fully merchant large-scale battery using lithium technology with a power output of 12 MVA and a charging capacity of 24 MWh. Commissioned in June 2025, it trades energy on the spot and ancillary system services.
As storage proliferates, the probability of demand curtailment events drops sharply, easing concerns for remote workers who rely on uninterrupted connectivity. If everything on the books is built, Portugal will operate roughly 750 MW of batteries by early 2026, rising toward 2 GW by 2030.
Additional hybrid capacity is being deployed, namely by Iberdrola, Greenvolt, Akuo, EDP and GALP, supported by Portugal's Recovery and Resilience Plan (PRR) programme under the “Flexibility and Storage” incentive call. Under this PRR scheme, 41 projects were approved, totalling around 500 MW of new storage capacity and € 99.75 million in grants.
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Winners will secure a fixed annual payment in exchange for making their batteries available at four hours'' notice, though dispatch rights stay with the system operator. By bundling
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